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China's Geely to launch hybrids with more fuel-efficient engines

China's Geely Holding Group on Wednesday said it would launch a series of hybrid models in the first half of next year equipped with its next-generation, more fuel-efficient engine. Geely's engine achieves a thermal efficiency of up to 46.1%, according to a product certificate issued by the government-owned CATARC Huacheng Certification Co. The new models will be launched for Geely Auto's Galaxy series and its Lynk & Co brand.
Zhang Yan Kevin Liffey Casey Hall China Geely Holding Group On Huacheng Certification Co Lynk Co
Source: yahoo.com

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Analysis-In China, Starbucks tries to avoid price war but gets dragged into discounting

As Starbucks faces stiff competition for its brew in China from fast-growing, low-cost rivals who have chipped into its market share, the coffee chain is increasingly being dragged into a price war it says it wants to avoid. The stakes are high for Starbucks, which has come under growing pressure from investors recently due to weaker sales in its two biggest markets - the United States and China. While the Seattle-based company has got its work cut out in the world's second-biggest econom...
United States Jason Yu Walker Shen Sophie Yu Belinda Wong Charles Lu
Source: yahoo.com

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